Question 25: A year ago you invested
$1,000,000and received 215,000 shares of ABC. Today ABC sold 110,000 new shares to an investor for
$650,000. What is the pre-money valuation of ABC ? a)
$1,270,455b)
$1,345,234c)
$1,345,890d)
$1,750,000e)
$1,455,567Question 26: You started your own business by investing
$2,500,000and in turn received
1,200,000common shares. Today you agreed to sell 500,000 new shares to an investor for
$3,200,000. What is the post-money valuation of the company? a)
$10,880,000b)
$7,680,000c)
$4,250,720d)
$3,541,667e)
$3,546,258Question 27: 1,500 units of an asset are priced today at
$858.34per unit in a futures contract. If at expiry of the contract the price of the asset is
$675.01per unit then the seller of a futures contract stands to earn... a) a profit of
$412,955b) a profit of
$274,995c) a loss of
$412,955d) a loss of
$27,500e) a profit of
$1,1550,000